Ballard Power Systems Inc. (BLDP) Analyst Ratings
BLDP Analyst Consensus & Price Target
Ballard Power Systems Inc. (BLDP) carries a consensus rating of Hold from 5 analysts on record (Jul 5, 2023 to Aug 3, 2026): 2 bullish, 1 neutral, 2 bearish. The average price target is $3.46 (range $1.00 to $5.00), with wide disagreement among analysts. That implies +53.9% upside from the current price of $2.25. Recent activity leans toward downgrades: 3 upgrades vs 5 downgrades on record. The price target on record has moved from $4.50 to $3.60 (-20.0%) between Sep 25, 2023 and Aug 3, 2026.
One vote per analyst, using each firm's most recent rating on record, not every historical reiteration counted separately.
Each analyst's most recent target on record, compared against where the stock actually trades. See how actual results have compared to estimates →
Is the average price target keeping pace with the stock, running ahead of it, or lagging behind? Compares the target's overall drift on record (across different analysts) to the stock's own move over the same window.
Price targets have risen faster than the stock itself.
Every rating on record, most recent first. "Next-close move" is the stock's own move from the prior close to the rating date's close, where price history lines up, a data point per event, not an averaged claim.
| Date | Analyst | Action | Rating | Price Target | Move |
|---|---|---|---|---|---|
| Aug 3, 2026 | HSBC Securities | Upgrade | Hold to Buy | $3.60 | 0.00% |
| May 6, 2026 | TD Cowen | Reiterated | Hold | $2.50 to $4.25 | +10.39% |
| May 5, 2026 | Lake Street | Upgrade | Hold to Buy | $5 | +31.61% |
| Jan 9, 2026 | TD Cowen | Downgrade | Buy to Hold | — | +1.10% |
| Aug 11, 2025 | Lake Street | Downgrade | Buy to Hold | — | 0.00% |
| Apr 17, 2025 | Citigroup | Downgrade | Neutral to Sell | $1 | -5.83% |
| Nov 6, 2024 | HSBC Securities | Downgrade | Buy to Hold | — | -19.16% |
| Aug 12, 2024 | TD Securities | Downgrade | Hold to Sell | — | -4.66% |
| Oct 24, 2023 | HSBC Securities | Upgrade | Hold to Buy | $4.50 | +6.06% |
| Sep 25, 2023 | HSBC Securities | Initiated | Hold | $4.50 | -1.10% |
| Jul 5, 2023 | Citigroup | Initiated | Neutral | — | -1.83% |
What is the analyst consensus rating for BLDP?
Ballard Power Systems Inc.'s consensus rating is Hold, based on 5 analysts' most recent ratings on record: 2 bullish, 1 neutral, 2 bearish.
What is BLDP's average analyst price target?
The average price target on record is $3.46, ranging from $1.00 to $5.00 across 4 analysts, wide disagreement. That implies +53.9% from the current price of $2.25.
Are analysts upgrading or downgrading BLDP right now?
On record between Jul 5, 2023 and Aug 3, 2026: 3 upgrades, 5 downgrades, 2 new initiations, and 1 reiteration.
Are analyst price targets for BLDP rising or falling?
The price target on record moved from $4.50 on Sep 25, 2023 to $3.60 on Aug 3, 2026, a change of -20.0%. This compares different analysts over time, not one analyst's revision.
How many analysts cover BLDP?
5 analysts have rated BLDP in the data on record, spanning Jul 5, 2023 to Aug 3, 2026.